Litecoin halving effects on price | Bitcointalksearch.org

sana54210

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Quote from: Convery on August 07, 2019, 03:35:36 AM

Litecoin price will react on the halving after few months.
Why?
1. because altcoin season is not here.
2. because miners are still selling cheap Litecoins from past mining.

Lol, It is so amazing how people just swing their idea again suddenly, having, and altcoins season, what is their correlation? Months before the Litecoin halving, many people speculated that it would start having increase at least a month before the halving, a month came and nothing, the real halving occurred and noting still, now hearing you say it will be 2 months after the halving again.

If halving as going to have any effect on the value of Litecoin, you would have known by now, but since there is nothing, then don’t expect anything from it again, that factor is already gone and we need to move on with our lives. Altcoins season generally is what makes most altcoins increase in value and Litecoin will surely be among coins that will be considered for investors being that it has its own popularity too to some extent.

dearbesz1219

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If the price doesn't rise, many miners will leave Litecoin mining and switch to Bitcoin. Because miners will not donate Litecoin network.

Metall303

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Quote from: cudora on August 07, 2019, 06:14:27 AM

As far as I know LTC price has increased by 70 percent before the halving took place. Right now when mining difficulty is higher and miners would get smaller rewards, the price should go up, because there are no other factors that would influence it.

I think that the price of a LTC will grow only when the season of altcoins comes. news about halving has already brought profit to those people who held lightcoin

jossiel

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Quote from: Convery on August 07, 2019, 03:35:36 AM

Litecoin price will react on the halving after few months.
Why?
1. because altcoin season is not here.
2. because miners are still selling cheap Litecoins from past mining.

And because the bitcoin dominance is countering the altcoins including Litecoin. Although halving occurred last Monday for LTC, the effect wont happen on instant.

Once the dominancr decreases for bitcoin it will come to alts and that will distribute some of its market cap to altcoins including LTC.

cudora

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As far as I know LTC price has increased by 70 percent before the halving took place. Right now when mining difficulty is higher and miners would get smaller rewards, the price should go up, because there are no other factors that would influence it.

Convery

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Litecoin price will react on the halving after few months.
Why?
1. because altcoin season is not here.
2. because miners are still selling cheap Litecoins from past mining.

shulc7

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Quote from: PuertoLibre on August 03, 2019, 04:20:47 PM

For the upcoming 2 months, the price will be higher than today's price but I don't think the Litecoin will go to all time high level because of the halving on Monday. The market has already priced the halving and traders bought the cheap Litecoins. I expect a dump on the market on Monday, old buyers will dump the price to the new buyers who want to buy due to the halving.

As we did not see the changes in Litecoin price for several months, it will be strange to wait that LTC could jump in a minute. Actually, this halving will be not a great event: miners might start complaining a bit more. In any case, this token will stay on of the crypto market leaders for years. It is a reliable altcoin, and if a bloodbath comes, it will survive.

btccrusher

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The halving will cut the block reward more than 50%, which could increase the price in demand for LTC. At the moment, most LTC holders are waiting for the day, but I'm expecting a sudden hype and broke in price just before a day/or two of halving date. Someone who has a huge bag, could suddenly make the market down and buy back in cheap by creating a panic situation.

poornamelessme

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Quote from: sufferer123 on August 03, 2019, 04:28:38 PM

I think halving is priced already. So Ltc price will not raise in short term. But in the future, cuz of less miner earnings and inflation, it will raise in future. but i said again, not in short term!

Agreed, it was baked in months ago really. And now folks have taken their profits.

I too think it'll go up in the future, but more likely it'll just rise based on btc vs anything special about ltc.
One exception could be that NFL thing with litecoin and the Dolphins, I suppose. One of those weird partnerships that came out of seemingly nowhere. I guess more exposure when the season starts might bring a boost to ltc.

passwordnow

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Those points that you have mentioned means a lot. It might be as is after the halving. But as we know, Litecoin is just following the herd and if bitcoin price moves higher, there's a chance that it might go as high as we have seen before. However, there's also some possibility that we are seeing like this:

Quote from: sufferer123 on August 03, 2019, 04:28:38 PM

I think halving is priced already. So Ltc price will not raise in short term. But in the future, cuz of less miner earnings and inflation, it will raise in future. but i said again, not in short term!

sufferer123

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I think halving is priced already. So Ltc price will not raise in short term. But in the future, cuz of less miner earnings and inflation, it will raise in future. but i said again, not in short term!

DudeAtWork420

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Quote from: lolgato1 on August 03, 2019, 04:17:45 PM

Price should rise, but it will happen few months after the halving. After miners start seling their mined LTC for higher price because if they didn't, they would be at a loss.

Or technically right now they are at a loss. Nobody can deny this fact because mining is no longer profitable. Unless you have unlimited and free resources for running the miners.
the price will increase but it is an increase because of the market starting to make a move. Not because of the halving. This rock will remain to be a rock.

PuertoLibre

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For the upcoming 2 months, the price will be higher than today's price but I don't think the Litecoin will go to all time high level because of the halving on Monday. The market has already priced the halving and traders bought the cheap Litecoins. I expect a dump on the market on Monday, old buyers will dump the price to the new buyers who want to buy due to the halving.

lolgato1

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Price should rise, but it will happen few months after the halving. After miners start seling their mined LTC for higher price because if they didn't, they would be at a loss.

jacafbiz

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Quote from: Rehmanchoudhary5 on August 03, 2019, 12:25:50 PM

Litecoin halving will occurred this Monday that means mining reward going to reduce by 50% how will this effect on price of LTC, let's look back to 2015 when LTC halving occurred a few weeks ago before the halving ltc price pumped , and at the time of halving block it's came back to it's recent price and halving cause drop in miner and increase in difficulty by 15% and now it is obvious that miners number will decrease because reduction in reward may not meat the expenses and difficulty may increase with high rate.
For price point of view, price of LTC increased a couple of months ago and if it repeats the history it'll may came for 50 to 60$, but remember the btc price important as ltc will move like btc price. What do you think about LTC in coming 2 months?

There are issues with Litecoin

1. It seems the halving event has already been priced in and people seem to realise this and started talking profit
2. The decision of the founder to leave the project seems to take away the steam out of the project, can you imagine Vitalik leaving Ethereum today and what it would say about the platform

So for me the whole crypto space now depend on the price growth of Bitcoin

JNR

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Quote from: ?? on ??

I think that now the price of Litecoin will fall because the news about halving brought its results a few months ago.

maybe you are right, because the old quote said "Buy the rumors and sell the news"
so, when this halving event happend, people will sell their litecoin,, but who knows ? Wink

Javi_Anibarro

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Quote from: rdluffy on August 03, 2019, 01:50:07 PM

I have to say I was expecting a higher price for these days before the halving, I bought some LTC in the 90USD range price, so I'm not at a loss, but I exptected something like 130 USD to 150USD
Some people predicted 200 USD, let's see how much LTC will increase with this BTC rising

The price will increase absolutely(if Bitcoin dominance over altcoin decreasing), but it will not happen this week or even month if we are looking at our current situation. Usually, if we are looking back at our histories such as Bitcoin and ETH. the price should get a huge increase a month or week before the halving. But Litecoin did not get any of this, so I do not think this halving will bring any significant increase in term of price.

CryptopreneurBrainboss

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Since the focus of the community is mostly on bitcoin, it'll definitely affect the success rate of Litecoin's halving event. The community feeds on the principle of buying the rumors and selling the news. That's why we saw a sudden pump in the price as everyone was buying the rumors now, as the halving event is almost near, investors are still not sure of what the outcome of the event will be so they'll be selling the news. In the next 2 months, Litecoin's price will be sold far less than it's currently traded then recover and moon months after. Altcoins are hardly getting any attention this seasons so that would definitely affect any altcoins price success rate.

rdluffy

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Quote from: pishite on August 03, 2019, 01:45:42 PM

Quote from: Rehmanchoudhary5 on August 03, 2019, 12:25:50 PM

Litecoin halving will occurred this Monday that means mining reward going to reduce by 50% how will this effect on price of LTC, let's look back to 2015 when LTC halving occurred a few weeks ago before the halving ltc price pumped , and at the time of halving block it's came back to it's recent price and halving cause drop in miner and increase in difficulty by 15% and now it is obvious that miners number will decrease because reduction in reward may not meat the expenses and difficulty may increase with high rate.
For price point of view, price of LTC increased a couple of months ago and if it repeats the history it'll may came for 50 to 60$, but remember the btc price important as ltc will move like btc price. What do you think about LTC in coming 2 months?

I hope that there will be growth, but it is better to wait for Monday, Tuesday and see everything with my own eyes.
But there is a high probability that the bears will try to lower the course to buy at a cheap price, if this happens the price will remain in the region of $ 100.

I have to say I was expecting a higher price for these days before the halving, I bought some LTC in the 90USD range price, so I'm not at a loss, but I exptected something like 130 USD to 150USD
Some people predicted 200 USD, let's see how much LTC will increase with this BTC rising

pishite

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Quote from: Rehmanchoudhary5 on August 03, 2019, 12:25:50 PM

Litecoin halving will occurred this Monday that means mining reward going to reduce by 50% how will this effect on price of LTC, let's look back to 2015 when LTC halving occurred a few weeks ago before the halving ltc price pumped , and at the time of halving block it's came back to it's recent price and halving cause drop in miner and increase in difficulty by 15% and now it is obvious that miners number will decrease because reduction in reward may not meat the expenses and difficulty may increase with high rate.
For price point of view, price of LTC increased a couple of months ago and if it repeats the history it'll may came for 50 to 60$, but remember the btc price important as ltc will move like btc price. What do you think about LTC in coming 2 months?

I hope that there will be growth, but it is better to wait for Monday, Tuesday and see everything with my own eyes.
But there is a high probability that the bears will try to lower the course to buy at a cheap price, if this happens the price will remain in the region of $ 100.

Topic: Litecoin halving effects on price (Read 284 times)